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April 06, 2002|By Ameet Sachdev, Tribune agents reporter.

Fortune Brands Inc. said Friday that it has agreed to buy Omega Cabinetry Ltd., a maker of kitchen and ablution cabinets, for $538 actor in cash, bushing a aperture in the aerial end of the market.

The accretion will addition Fortune Brands’ chiffonier sales by 40 percent, to $1.1 billion, durably cementing the consumer-products aggregation as the second-largest U.S. chiffonier architect abaft Masco Corp.

Fortune Brands additionally will access it attendance amid top-tier kitchen and ablution dealers and flush home-remodeling retailers, such as Home Depot’s Expo Design Centers and the Great Indoors, allotment of Sears, Roebuck and Co.

The accord continues Fortune Brands’ efforts to consolidate the awful fragmented, $8 billion kitchen and ablution chiffonier industry. Fortune Brands and Masco

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